Dollar's Rally Picks Up Steam

TODAY: Aug. 1, 2014 PUB DATE: Aug. 1, 2014

By James Ramage and Chiara Albanese A rally in the dollar is picking up steam, as signs of accelerating U.S. growth bolster investor expectations that the Federal Reserve in the coming year will raise interest rates for the first time ...

Dollar Up Against Rivals Ahead Of US Jobs Data

TODAY: Aug. 1, 2014 PUB DATE: Aug. 1, 2014

By Hiroyuki Kachi The dollar was higher against its rivals in Asian trade Friday, with investors taking a wait-and-see stance ahead of closely watched U.S. jobs data later in the day. As of 0450 GMT, the dollar had risen to ...

Sberbank: EU Sanctions Over Ukraine Undermine System

TODAY: Aug. 1, 2014 PUB DATE: Aug. 1, 2014

By Andrey Ostroukh MOSCOW--Russia's largest lender Sberbank said Friday that Brussels' decision to put it on the sanctions list "undermines the foundations of the global financial system and does not contribute to the easing of the European crisis caused by ...

Euro-Zone Manufacturers Cut Jobs in July

TODAY: Aug. 1, 2014 PUB DATE: Aug. 1, 2014

By Paul Hannon Euro-zone manufacturers cut jobs in July for the first time in seven months, underlying the fragility of the currency area's economic recovery. A survey of 3,000 purchasing managers by data firm Markit also recorded a stabilization in ...

China July Official Manufacturing PMI 51.7 Versus 51.4 Forecast

TODAY: Aug. 1, 2014 PUB DATE: Aug. 1, 2014

BEIJING--A closely watched gauge of manufacturing activity in China improved in July, the latest sign of recovery in the sector. The official manufacturing Purchasing Managers Index rose to 51.7 in July compared with 51.0 in June, marking a 27-month high, ...

Correction to Euro-Zone Manufacturers Cut Jobs in July story

TODAY: Aug. 1, 2014 PUB DATE: Aug. 1, 2014

("Euro-Zone Manufacturers Cut Jobs in July," at 0923 GMT, misstated that a reading above 50 indicates a month-to-month decline in activity in the sixth paragraph. It should have said that a reading above 50 indicates an increase in activity:) (END) ...

Chicago PMI

TODAY: Aug. 1, 2014 PUB DATE: Aug. 1, 2014

A closely watched gauge of economic activity in the manufacturing-heavy Midwest tumbled to its lowest point since June 2013--but still signals growth, barely. The Chicago Business Barometer, commonly called the Chicago PMI, sank to 52.6 in July from June's 62.6, ...

Press Release: PMI(R) at 57.1%; July -3-

TODAY: Aug. 1, 2014 PUB DATE: Aug. 1, 2014

The six industries reporting increased order backlogs in July -- listed in order -- are: Plastics & Rubber Products; Chemical Products; Paper Products; Fabricated Metal Products; Computer & Electronic Products; and Furniture & Related Products. The nine industries reporting a ...

Press Release: PMI(R) at 57.1%; July Manufacturing ISM(R) Report On Business(R); New Orders, Employment and Production Growing; Inventories Contracting; Supplier Deliveries Slowing

TODAY: Aug. 1, 2014 PUB DATE: Aug. 1, 2014

PMI(R) at 57.1%; July Manufacturing ISM(R) Report On Business(R); New Orders, Employment and Production Growing; Inventories Contracting; Supplier Deliveries Slowing PR Newswire TEMPE, Ariz., Aug. 1, 2014 DO NOT CONFUSE THIS NATIONAL REPORT with the various regional purchasing reports released ...

U.S. Construction Spending Falls 1.8% in June

TODAY: Aug. 1, 2014 PUB DATE: Aug. 1, 2014

WASHINGTON--U.S. construction spending fell sharply in June, reflecting a drop in home and private-sector building and a dramatic pullback by state and local governments. Construction spending fell 1.8% from May to a seasonally adjusted annual rate of $950.2 billion, the ...

SocGen 2Q Earnings Rise Helped By Lower Bad Debt Provision

TODAY: Aug. 1, 2014 PUB DATE: Aug. 1, 2014

By Noemie Bisserbe PARIS-French bank Societe Generale SA reported a rise in second-quarter net profit Friday, helped by lower provisions against bad loans, and despite a weak Russian business hurt by the sluggish local economy. The Paris-based lender, France's third-largest ...

Dollar Falls After Jobs Report Eases Rate-Increase Risk

TODAY: Aug. 1, 2014 PUB DATE: Aug. 1, 2014

By James Ramage The dollar fell against the yen and euro on Friday after a weaker-than-expected U.S. jobs report for July pushed back investors' timing for the first increase in interest rates since the financial crisis. The dollar eased 0.2% ...

South Korea Inflation at 1.6% in July

TODAY: Aug. 1, 2014 PUB DATE: Aug. 1, 2014

SEOUL--South Korea's consumer price index rose 1.6% on the year in July, slower than a 1.7% gain the previous month, government data showed Friday. The July reading, meeting the median 1.6% increase forecast by economists surveyed by The Wall Street ...

U.S. Consumer Spending Rose 0.4% in June

TODAY: Aug. 1, 2014 PUB DATE: Aug. 1, 2014

By Nick Timiraos and Josh Mitchell WASHINGTON--Consumer spending advanced modestly in June, the latest signal that the economy regained altitude during the second quarter. A key measure of inflation, meanwhile, fell to a 1.6% gain on the year, and remained ...

EUROPE MARKETS: Germany's DAX Set For Worst Week In Two Years

TODAY: Aug. 1, 2014 PUB DATE: Aug. 1, 2014

By Sara Sjolin, MarketWatch LONDON (MarketWatch) -- The soured trading mood continued on Friday, with all major European benchmarks sliding more than 1%, as investors digested a number of downbeat earnings reports and remained cautious ahead of the closely watched ...

Thailand Jul CPI +2.16% On Year; +2.225% Expected

TODAY: Aug. 1, 2014 PUB DATE: Aug. 1, 2014

By Nopparat Chaichalearmmongkol BANGKOK--Consumer prices in Thailand rose more slowly than expected in July, giving the country's central bank room to keep interest rates stable at its policy meeting next week. Thailand's consumer price index rose 2.16 % in July ...

China Manufacturing Gauges Improve in July

TODAY: Aug. 1, 2014 PUB DATE: Aug. 1, 2014

BEIJING--Two closely watched gauges of manufacturing activity in China improved in July, the latest sign of recovery in the sector. The official manufacturing Purchasing Managers Index rose to 51.7 in July compared with 51.0 in June, marking a 27-month high, ...

Japan's Domestic Auto Sales Rise in July

TODAY: Aug. 1, 2014 PUB DATE: Aug. 1, 2014

TOKYO--Japan's domestic sales of new cars, trucks and buses increased 0.6% from a year earlier in July, the first rise in four months, the Japan Automobile Dealers Association said Friday. Sales totaled 285,886 vehicles in July, the association said. Auto ...